Solar PV Glass Market Size Will Be Exceed US$3 Billion By 2024 | Latest Trend and Regional Analysis of Leading Players

As per a recent industry report put forward by Global Market Insights Inc., Solar PV Glass Market is forecast to register its name in the billion-dollar fraternity down the line of seven years, by exceeding a revenue of USD 3 billion by 2024 with a projected healthy CAGR  up to 2024.

Global Solar PV Glass Market is anticipated to surpass USD 3 billion by 2024. Increasing capital support from private and public financial organizations including Asian Development Bank (ADB) and World Bank to explore the untapped photovoltaic potential across developing economies will enhance the solar PV glass industry. In 2017, the European Investment Bank (EIB) conceded a long term financial support of over USD 230 million to the State Bank of India (SBI) to successfully implement the national solar mission in the country.

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On the technology front, solar PV glass industry is segmented into two types namely float and pattern. The pattern solar PV glass market share is expected to depict an annual growth rate of 6% over the period of 2017-2024, owing to its better aesthetics, easy lamination, non-blinding effect, and desired degree of transparency. On other hand, the float solar PV glass industry also holds a significant market chunk as it finds extensive applications in thin film photovoltaic modules.

Crystalline silicon module in solar PV glass market is anticipated to be over 5 million-metric tons by 2024 owing to increasing R&D investments and high operational efficiencies. In 2017, Korea Advanced Institute of Science and Technology in association with Sungkyunkwan University introduced a semi-transparent solar cell for solar windows for automobile and architectural applications. The perovskite integrated cell technology provides smart heat management for indoor activities and produces electricity.

Solar PV glass market in Netherlands was valued over USD 18 million in 2016. Stringent government norms to reduce Green House Gas emissions coupled with the government initiatives to rooftop installations will stimulate the industry landscape. In 2016, the government of Netherland prolonged their solar tax scheme in compliance to European Union climate action plan.

China is a major consumer, producer, and exporter of photovoltaic systems and accounted for more than 50% of the overall solar PV glass market in 2016. In December 2016, the Chinese government amended its Thirteenth Five Year Plan to improve the countries photovoltaic energy sector with an aim to achieve at least 23% of efficiency in large scale production of crystalline silicon photovoltaic cells by 2020.

Key industry player in Solar PV glass market includes Nippon, Sunarc Technology, Onyx, Saint Gobain, Jin Jing Group, Guardian Industries, Guangdong Golden, Vidur Glass, Xinyi, Borosil, Euro Multivision India, Flat Group, Hecker Glastechnik, and Interfloat Corporation.

Browse key industry insights spread across 310 pages with 744 market data tables & 11 figures & charts from the report, “Solar PV Glass Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/solar-pv-glass-market

Glimpse of Table of Content (ToC)

Chapter 3.  Solar PV Glass Industry Insights

3.1.  Industry segmentation

3.2.  Industry landscape, 2013 – 2024

3.3.  Industry ecosystem analysis

3.3.1.   Vendor matrix

3.3.2.   Distribution channel

3.4. Innovation & sustainability

3.5. Price trend analysis

3.6. U.S. PV module imports by country, 2015

3.7. Solar PV cost structure analysis

3.8. Solar PV installed capacity trends and forecast

3.9. Regulatory landscape

3.9.1.   U.S.

3.9.2.   UK

3.9.3.   France

3.9.4.   Germany

3.9.5.   China

3.9.6.   India

3.9.7.   Australia

3.10.   Industry impact forces

3.10.1. Growth drivers

3.10.1.1.    Growing demand for clean fuel energy

3.10.1.2.    Favorable government incentives

3.10.1.3.    Growing solar PV installation

3.10.2. Industry pitfalls & challenges

3.10.2.1.    Lower operational efficiencies of PV modules

3.11.    Growth potential analysis

3.12.    Porter’s analysis

3.13.    Competitive Landscape, 2016

3.13.1. Strategy dashboard

3.14.     PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/solar-pv-glass-market

 

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